European Industry News

Omniradar has closed a round of equity and debt financing of €2.6 million that will be used to bring into production the company’s single-chip radar as a new precision sensor for personal security, industrial automation, environmental monitoring, etc.

CEA-Leti announced that a consortium of 15 leading telecommunications operators, vendors, research centers and academic institutions have launched “MiWaveS” (Millimeter-Wave Small Cell Access and Backhauling), a European collaborative project whose goal is to develop millimeter-wave (mmW) key radio technologies to provide multi-Gbps data rates to future 5G cellular mobile networks users.

According to an updated market forecast from ABI Research, the installed base of active wireless connected devices will exceed 16 billion in 2014, about 20 percent more than in 2013. The number of devices will more than double from the current level, with 40.9 billion forecasted for 2020.

Infineon Technologies AG and International Rectifier Corp. have signed a definitive agreement under which Infineon will acquire International Rectifier for $40 per share in an all-cash transaction valued at approximately $3 billion.